NOVATEK’s Board of Directors Convenes the Annual General Meeting of Shareholders
Moscow, 19 March 2021. PAO NOVATEK (the “Company”) announced the results of its Board of Directors (the “Board”) meeting held in preparation for the Company’s upcoming Annual General Meeting of Shareholders (“AGM”).
The Board decided to convene the Company’s AGM on the 23 April 2021. Shareholders at the close of business on the 31 March 2021 will be entitled to participate in the Company’s AGM.
PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and joint ventures are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation.